History and achievements
Life Healthcare has operated hospitals for 27 years, incrementally growing the business.
| 1983
Life Healthcare
was founded
as the hospital
division of
African Oxygen
Limited, with the
acquisition of the
Ammed Group
comprising four
hospitals. |
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1994
Established the first
operation outside
of South Africa with
the purchase of the
Gaborone Hospital in
Botswana. |
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1995
Acquired Afrox
Occupational
Healthcare and
launched the
occupational
health business. |
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1997
Opened its first acute
rehabilitation unit for
patients recovering
from severe traumas,
neurological damage
or other disabling
conditions, and
continued to expand
its rehabilitation
business through
the establishment
of additional units
based at hospitals
in Johannesburg,
Bloemfontein, Durban,
Pretoria, East London
and Port Elizabeth. |
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| 1998
Expanded into acute
mental healthcare
with a facility in
Port Elizabeth,
and subsequently
established
mental health
treatment facilities
in East London,
Johannesburg and
Durban. |
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1999
Acquired the listed
Presmed hospital
group, comprising
38 hospitals and
healthcare facilities
in a transaction
structured as a
merger and reverse
listing on the JSE.
The business was
known as Afrox
Healthcare Limited. |
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2000
Launched the
chronic renal
dialysis business,
and continued to
expand the offering
of renal dialysis
services through
the establishment
of renal units across
Johannesburg and
in East London. |
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2001
Entered into a
public/private
partnership with
the South African
government,
following the
acquisition by
Afrox Healthcare
of a 55% stake in
Life Esidimeni. |
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| 2002
Acquired the
Amahosp Group,
comprising four
hospitals and an
emergency unit in
Durban. |
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2004
Operated the UK
business, Partnership
Health Group (PHG),
established as a 50-50
joint venture with Care UK
plc, a healthcare services
company in the United
Kingdom listed on the
London Stock Exchange.
PHG successfully
obtained contracts to
construct and operate a
number of independent
sector treatment centres
on behalf of the UK
National Health Service.
Life Healthcare sold its
50% stake in 2008. |
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2005
In January, following
the implementation of
transactions commenced
in November 2003, the
group was delisted, sold
to a private consortium
led by Brimstone and
Mvelaphanda, and
changed its name from
Afrox Healthcare Limited
to Life Healthcare Group
Holdings Limited. |
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2006
Built the Life
Fourways Hospital. |
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| 2007
Commissioned the
new Life Cosmos
Hospital. |
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2008
Acquired the remaining
45% stake in Life Esidimeni |
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2009
Built two new
facilities – the
Life Orthopaedic
Hospital and
Life Beacon Bay
Hospital. |
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2010
Listed as Life Healthcare Group
Holdings Limited in the Health
Care Providers sector on the JSE.
Acquired Life Bay View Private
Hospital in Mossel Bay. |
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